v3.25.2
Consolidated Statements of Operations (Unaudited) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Expenses        
General and administrative $ 663,662 $ 899,022 $ 1,090,534 $ 2,116,398
Total expenses 663,662 899,022 1,090,534 2,116,398
Other income (expense)        
Income (loss) from unconsolidated real estate ventures (769,969) (115,778) (2,044,780) (839,139)
Total other income (expense) (769,969) (115,778) (2,044,780) (839,139)
Net loss (1,433,631) (1,014,800) (3,135,314) (2,955,537)
Net loss attributable to non-controlling interest in consolidated real estate venture 369,157 128,658 957,439 475,052
Net loss attributable to non-controlling interest in Operating Partnership 1,058,601 880,775 2,166,389 2,468,908
Net income (loss) attributable to stockholders $ (5,873) $ (5,367) $ (11,486) $ (11,577)
Net income (loss) per share of common stock, basic $ (0.26) $ (0.24) $ (0.51) $ (0.54)
Net income (loss) per share of common stock, diluted $ (0.26) $ (0.24) $ (0.51) $ (0.54)
Weighted-average shares of common stock outstanding - basic (in shares) 22,844 21,930 22,721 21,600
Weighted-average shares of common stock outstanding - diluted (in shares) 22,844 21,930 22,721 21,600